Structuring is the key factor, explains John Endacott, with the help of Helen Lewis
I feel I have come very late to the patent box party. I had assumed that patent box was similar to the complex R&D tax credit scheme. However having spent a lot of time looking at the implications for clients over the last two or three months I now think that patent box is probably one of the most significant changes to the tax system for SME companies for many years.
To date I understand the patent box regime has been developed by large corporates in consultation with HM Treasury and HMRC. It seems to me that the position of SMEs has not been very well considered. So as I gatecrash the party with my SME mates why is patent box of...
